Pinoys and financial literacy

I was given a recent study commissioned by the insurer Sun Life Philippines on financial literacy. The study was both encouraging and disturbing at the same time. Encouraging because it seems that many Pinoys are getting better at handling their finances and disturbing because the study shows we are so far from being financially able. … Continue reading Pinoys and financial literacy

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The Types of Non-Life Insurance and Which One You Need

‘Gastos nanaman…’ ‘Hindi pasok sa budget eh.’ ‘Kailangan ba talaga yan?’ These are common statements uttered when it comes to insurance policies. Insurance are to, you guessed it, ‘insure’ the policy owner and his beneficiaries – to protect (through monetary compensation) in the event of an unfortunate event such as an accident. The words ‘insure’ … Continue reading The Types of Non-Life Insurance and Which One You Need

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